Cochin Port Trust has till now received response from seven firms (of which three are international firms), for the RfPs invited for the capital dredging work together with maintenance dredging in the channel prior to the commissioning of the ICTT project.

The port also extended the last date for submitting the tender, following the request from companies in the pre-bid meeting held on 30 June 2008. The last date for submitting the tender earlier was 15 July 2008, which has now been extended to 29 July 2008. It is learnt that the tender for capital dredging was cancelled last time by the port as the price quoted by the international company was higher than estimated costs.

The Rs.485 crore dredging work involves achieving a draught of 14.5 metres in the channel along with a maintenance dredging for a period up to 31 December 2010.

The port is also awaiting formal clearance from the Cabinet Committee on Economic Affairs on the proposal to avail a grant in aid for the capital dredging work. The Public Investment Board had already cleared the proposal.

Also See:

CPT to invite fresh bids for capital dredging (18-Jun-08)

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